Modern Mining April 2015

MINING News

DRA Pacific awarded DFS by Triton Minerals Johannesburg office of DRA, covering areas such as infrastructure, logistics, trans- portation and regional cost estimation. Other specialist consultants have been

appointed directly by Triton, including Environmental Coastal Services for envi- ronmental studies and Golder Associates for tailings storage facility studies. 

DRA has announced that it has been appointed as Lead Study Manager for the definitive feasibility study (DFS) of the Triton Mozambique Graphite (TMG) project by ASX-listed Triton Minerals. The project incorporates the Nicanda Hill/ Cobra Plains, Ancuabe and Balama proj- ects located in Cabo Delgado Province. Nicanda Hill is reportedly the world’s largest known graphite deposit, com- prising 1 457 Mt at 10,7 % total graphitic carbon (TGC) and 0,27 % vanadium pent- oxide, classified as indicated and inferred. Metallurgical testwork has shown that high purity graphite concentrate of 94 to 97 %may be produced by simple flotation. Both Ancuabe and Balama South contain some of the world’s highest quality jumbo flake graphite. DRA’s Perth office will coordinate and manage the overall DFS, complemented by its Perth-based mining engineering partner ORElogy. In addition, services will be provided by several groups within the

Sipho Nkosi to retire as Chief Executive of Exxaro Exxaro has announced that its CEO, Sipho Nkosi, will retire on 31 March 2016. He was instrumental in the formation of Exxaro which involved the merger of Kumba’s coal, mineral sands and base metals assets with Eyesizwe Coal, a company he had previously formed with others. Nkosi has led Exxaro since November 2007, a year after it listed on the JSE. Under his leadership, Exxaro has developed into one of the largest and foremost black-owned, South African-based diversified resources companies.

ment as CEO will become effective. Prior to assuming his current position in August 2008, Mgojo was an Executive GM responsible for Exxaro’s base metals and industrial minerals commodity business. Leading up to the formation of Exxaro, he was a founding member of Eyesizwe Coal, and served as marketing and logistics direc- tor at the company. He is 54 years of age and has more than 20 years of experience in the operational, financial, logistics and marketing arenas, predominantly in the investment banking and resources sectors. He holds a BSc in com- puter science, an honours degree in energy studies and an MBA and has completed an Advanced Management Programme. 

Mxolisi Mgojo, currently Exxaro’s execu- tive responsible for carbon operations, has been appointed to serve as CEO-designate in a transition period effective from 1 May 2015 until 31 March 2016 when his appoint-

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